Jill Wilder
Where Your Hotel’s Finance Team Should Be at This Point in Budget Season
Jill Wilder | September 17, 2024
By Jill Wilder, President of Aptech It’s that time of year – budget season. "Budget" – even the word sounds daunting to most people. The good news is the budgeting process for your hotel doesn't have to be overly difficult. The key assets when building a budget for your hotel company are: ✓ Organization ✓ Teamwork – with all departments supplying their input and information without delay. ✓ Hotel-specific software – to help your finance team gather accurate data across your portfolio and easily provide their recommended budget on time. Let's Start with the Basics A hotel budget is essentially a financial plan and strat...
How Dashboards Put Your Finance Team in the Driver’s Seat
Jill Wilder | July 30, 2024
By: Jill Wilder, President of Aptech I recently heard an interesting metaphor about a specific hotel accounting system feature: Having a dashboard moves you from driving with your eyes in the rearview mirror to facing forward. You wouldn't drive a car solely using the rearview mirror, you would want to look forward and have a full, clear picture of what is in front of you. It's the same with your hotel's accounting software; just like the driver of a car, a hotel's finance team needs a dashboard right in front of them to make quick, educated decisions. The hotel and resort industry market size worldwide reached 1.5 trillion USD last ye...
How to Recognize When It’s Time to Upgrade Your Generic Accounting Platform to a Hotel-Specific Solution
Jill Wilder, President of Aptech Computer Systems, Inc. | June 24, 2024
By Jill Wilder, President of Aptech Computer Systems, Inc. When you think of the most important department in a hotel, accounting may not be the first one that comes to mind for many people. The truth is, however, a hotel or multiproperty hotel organization requires accurate data from its accounting systems to sustain its financial health and run efficiently, and that affects all of the other departments. In 2024, global hotel market revenue is predicted to reach $446.40 billion (USD). That is a lot of revenue. For small properties or hotel companies with no more than three to four properties, their finance departments might be able to op...
Keeping Hospitality Human: The Importance of a Personal Touch in Hotel Technology Management
Jill Wilder | April 30, 2024
Technology providers that prioritize personal relationships and live-agent support in an age of automation are a valuable asset By Jill Wilder As renowned author Maya Angelou once said, “People will forget what you said, people will forget what you did, but people will never forget how you made them feel.” This sentiment is at the core of what most hoteliers strive to achieve for guests during their stays, with a keen focus on guest satisfaction remaining an essential element of any successful property’s operations. However, with technology’s growing role in hospitality optimization, the companies providing systems and solutions...
Streamlining Success: The Crucial Role of Hotel Finance System Integration in 2024
Jill Wilder | April 10, 2024
Leveraging seamless financial system integration is key to gaining a competitive edge in the market for hotel organizations and properties By Jill Wilder As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently. From guest experience enhancement to the digitization of financial and operational management, ensuring the seamless integration of disparate property systems has become paramount for success. Particularly within a hotel organization’s finance and accounting...
Jill Wilder Appointed President at Aptech to Lead New Market Growth Initiatives
Aptech | February 15, 2024
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It’s Time for Hotel Finance Teams to Re-Evaluate Their Budget ‘Drivers’
Jill Wilder | September 14, 2021
By Jill Wilder As we are all aware, budgeting for 2022 will present some challenges, without a crystal ball we are going to need to use our knowledge to form new ways to plan for our future. While historical drivers helped hoteliers in previous years with their future planning, it’s a whole new ballgame today, as the very way a hotel operates is radically different from even a year ago. As in the past, just comparing departmental profits from previous months is just one piece of the puzzle. To have better, more accurate budgeting numbers for the year ahead, hoteliers need to re-evaluate their drivers and establish a new baseline data set...
Aptech’s 50 Years: Powerful Tech Innovation, Family Culture, Trusted Partner
Aptech Computer Systems, Inc. | March 25, 2020
PITTSBURGH, March 25, 2020 – Aptech Computer Systems celebrates 50 years of hospitality technology leadership in 2020. “We create solutions to increase our customers’ performance and profitability. We are who we are because of the clients we have,” said Jill Wilder, Aptech vice president. It is with great pride that Aptech’s back office, budgeting/forecasting, and business intelligence hotel accounting software solutions are industry standards used by hundreds of hotel companies to run their businesses. “Concord Hospitality and Aptech have had the pleasure of developing a valuable partnership spanning more than 20 years,” sai...
